KOSK (Metawells Oil & Gas) Net-Net Working Capital: $-253.71 (As of Sep. 2010)


What is Metawells Oil & Gas Net-Net Working Capital?

Metawells Oil & Gas KOSK -22.95% Net-Net Working Capital is $-253.71 as of Sep. 2010.

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. This is a conservative way of estimating the company's value.

Metawells Oil & Gas's Net-Net Working Capital for the quarter that ended in Sep. 2010 was $-253.71.

The industry rank for Metawells Oil & Gas's Net-Net Working Capital or its related term are showing as below:

KOSK's Price-to-Net-Net-Working-Capital is not ranked *
in the Oil & Gas industry.
Industry Median: 6.71
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Metawells Oil & Gas  (OTCPK:KOSK) Net-Net Working Capital Explanation

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their net-net value. They are collected under our Net-Net screener.


Metawells Oil & Gas Net-Net Working Capital Related Terms


Metawells Oil & Gas Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Metawells Oil & Gas's Net-Net Working Capital can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Metawells Oil & Gas Net-Net Working Capital Chart

Metawells Oil & Gas Annual Data
Trend Dec07 Dec08 Dec09
Net-Net Working Capital
0.00 0.00 0.00

Metawells Oil & Gas Quarterly Data
Mar06 Jun06 Mar07 Jun07 Dec07 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 -368.00 -253.71

KOSK vs ABVN, SPEX: Net-Net Working Capital Comparison

For the Oil & Gas E&P subindustry, Metawells Oil & Gas's Price-to-Net-Net-Working-Capital, along with its competitors' market caps and Price-to-Net-Net-Working-Capital data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Metawells Oil & Gas Price-to-Net-Net-Working-Capital vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Metawells Oil & Gas's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Metawells Oil & Gas's Price-to-Net-Net-Working-Capital falls into.



Metawells Oil & Gas Net-Net Working Capital Calculation

Metawells Oil & Gas's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2009 is calculated as

Net-Net Working Capital(A: Dec. 2009 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.002+0.75 * 0+0.5 * 0-1.459
-0-0)/0
=N/A

Metawells Oil & Gas's Net-Net Working Capital (NNWC) per share for the quarter that ended in Sep. 2010 is calculated as

Net-Net Working Capital(Q: Sep. 2010 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.002+0.75 * 0.005+0.5 * 0-1.528
-0-0)/0.006
=-253.71

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full.

In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

This is a conservative way of estimating the company's value.

What does a Net-Net Working Capital of $-253.71 mean?
Metawells Oil & Gas (KOSK) has a Net-Net Working Capital of $-253.71 as of Sep. 2010. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Metawells Oil & Gas
Is Metawells Oil & Gas' Net-Net Working Capital too high?
Metawells Oil & Gas' current Net-Net Working Capital is $-253.71.
How does Metawells Oil & Gas' Net-Net Working Capital compare to ABVN and SPEX?
Metawells Oil & Gas' Net-Net Working Capital of $-253.71 can be compared against companies in the Oil & Gas industry. The industry median Net-Net Working Capital is 6.71. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net-Net Working Capital for an Oil & Gas company?
The median Net-Net Working Capital among Oil & Gas companies is 6.71, based on 194 companies in the industry. Companies in the top quartile (top 25%) have a Net-Net Working Capital significantly above this median, while those in the bottom quartile fall well below. However, Net-Net Working Capital should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net-Net Working Capital mean?
A high Net-Net Working Capital can signal that a stock is expensive relative to its fundamentals. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Metawells Oil & Gas For the Oil & Gas industry, the median Net-Net Working Capital is 6.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Metawells Oil & Gas's current Net-Net Working Capital is $-253.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metawells Oil & Gas stock overvalued right now?
Metawells Oil & Gas (KOSK) has a current Net-Net Working Capital of $-253.71. The current Net-Net Working Capital is $-253.71. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net-Net Working Capital calculated?
Net-Net Working Capital is calculated from a company's financial statements. For Metawells Oil & Gas (KOSK), the current Net-Net Working Capital is $-253.71 as of Sep. 2010. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Metawells Oil & Gas Business Description

Industry EnergyOil & Gas
Address 600 Mamaroneck Avenue, Harrison, NY, USA, 10528
Metawells Oil & Gas Inc is a holding company engaged in two sectors: energy and technology. Its goal is to provide high-quality oil and gas services to its clients while minimizing environmental impact and promoting safety. The group focused on the multi-zone development and Enhanced Oil Recovery (EOR) of extreme shallow medium gravity oil.